BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure
Green Car Congress
JANUARY 20, 2021
billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 billion, level with 2019 despite falling unit prices.
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